Company summary

LZYE Group plc, is an AIM listed Hong Kong based company which provides tuition services to 2,000 children aged between 6 months and 12 years in three centres in Hong Kong. The Company plans to open further centres in main line China.

25 October 2012 | Education

Company news

LZYE Open its Fourth Centre in Hong Kong

​LZYE Group, the AIM listed club-based children's educational programmes provider, has opened its fourth Creative Learning centre in Hong Kong.

Based in Tin Hau, one of Hong Kong's busiest districts, the 1,700 sq ft Centre has 4 staff and currently caters for 180 members. At this level it is expected to generate a monthly income of HKD150k (£12k). The Group intends to increase the capacity to 520 members by March 2014, at which point annual revenue is expected to be HKD4.8m (£385k), with no extra staff required.

This opening follows hard on the heels of LZYE's acquisition, last month, of its first set up in mainland China. These steps are in line with the Group's declared policy of strengthening its Hong Kong offering whilst expanding further into mainland China.

Michelle Lai, the Comany's CEO said, 'The Tin Hau Centre complements our existing Hong Kong Centres, offering the same range of innovative and stimulating programmes for children. We have spent HKD800,000 on renovating its four classrooms to top quality standards".

'It gives us an even better geographic spread and we anticipate that, due to its prominent high footfall location, the Centre will very quickly begin generating healthy revenue.'

The opening of the new centres in Hong Kong and China are discussed by management in the following broadcast provided by Brrmedia.

http://www.brrmedia.co.uk/event/105629/dominc-yeung-chairman-michelle-lai-ceo-jack-law-cfo

All company news →

News

Equity Strategies successfully advises on $342m nutrition and health acquisition

25 January 2016 - ​Equity Strategies is pleased to announce its lead role in the acquisition of INVE Aquaculture Holding B.V.

Animal Health | Benchmark Holdings plc

Equity Strategies advises on £11m strategic acquisition in aquaculture genetics and tilapia breeding

27 October 2015 - Equity Strategies advises Benchmark Holdings plc on the acquisition of two key players in the tilapia breeding and genetics sector.

Education | Benchmark

Equity Strategies originates £3.2m acquisition of leading veterinary CPD & training provider

19 March 2015 - Equity Strategies originates acquisition of leading veterinary CPD and training provider, Improve International on behalf of Benchmark Holdings plc.

Animal Health | Benchmark Holdings plc

Equity Strategies advises on £41m deals in aquaculture breeding and genetics

02 March 2015 - Equity Strategies advised Benchmark Holdings plc on two strategic acquisitions in aquaculture breeding and genetics valued at £41m.

More →

Services

 

Our expertise

Deal origination - acquisitions - We help quoted companies and private equity houses source acquisitions in the UK and overseas.

Deal origination - disposals - We help owners of companies wishing to dispose of their business.

IPO advice - We provide strategic, financial and valuation advice to companies considering an IPO.

Valuation - We undertake valuations for ESOP transactions, employee share schemes and for a wide range of fiscal, legal and commercial purposes.

Our sectors

Our corporate finance skills can be employed in a wide range of sectors. We have a particular strength in animal health, education, outsourcing, IT, data analytics and financial publishing.

More →